CompaniesRetailPubsHow to go from pub baron to Australia’s biggest bankrupt in 10 yearsPrimrose Riordan and Max Mason on why Jon Adgemis is struggling to keep the details of his $1.8 billion financial collapse secret and what his story says about private credit.Jon Adgemis’ hospitality empire grew to cover 22 venues before it collapsed. Bethany RaeAug 27, 2026 – 5.00amJon Adgemis is doing everything he can to keep secret the events surrounding the failure of his hospitality empire.He recently delayed his appearance at a court hearing into the collapse. And is trying to ensure any evidence he gives is behind closed doors.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In RetailFetching latest articles